St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-15
STILL A CONUNDRUM.
No One Yet Able to Solve the Puzzle Re-
garding the Baltimore &
Ohio Sale.
Mr. Garrett Says the Deal Will be Of Ad.
vantage to Those Now In
terested
Rumors and Statements from yv,sh
1ngton, New York and st.
Louis.
seh's OF the Milwaukee Notified to
Way-Btil Freight Under the
New Law.
Special 10 the Globe.

loN, Mdrcn l4.-SenatOr Cor
man called upon Robert Garrett in WASH
ihgton Saturday, and had an interview
WIN MN concerning the Baltimore & Obio
aeai. MIR. German subsequently expressed
hliiiselt as being well satisfied with the ue-
EQUATIONS as they had been explained to
hiih. Ihe new arrangement, he felt con-
ndent, would be of great benefit to RaIti-
more. and to the state of MARYLAND. Robert
Garrett was only accomplishing what his
Iathef had often desired to perfect-
a great railroad system. The senate,
thougnt tile Baltimore & Ohio Would moi
lease lts lndlvlduality-it would absorb the
roads with which it would be consolidated
instead OF being absorbed by them. Ths
Baltimore d Ohio would be the onIv soIvanf
property i'll the consolidation. but snch
terms would be made in the negotiations
that the Baltimore d. Ohio would not be
Durdened by the debts of the other roads.
Mr. German thought the consolidated roads
would be run honestly and not for stock
Joobmg purposes. As for stock watering.
the Maryland authorities would guard
against that
A NEW YORK STORY.
NEW YORK, March 14.-Reports abou
the negotiations to purchase a controllina
interest III the Baltimore & Ohio road con.
thue to be rife in Wall street. A state
ment TO the following effect was made to-
day by gentleman OF this CITY. NOT himseIf
concerned in the matter, who returned last
night from visit to Baltimore. On Friday
three gentlemen left New York for
Baltimore, one of whom was wealthv
financially, one a politician and one
a lawyer. They called Yesterday
morning at the house of John G. Davis
wee president OF the Baltimore &, Ohio
Then they went to see EX-Attorney-Gen-
eral GWynne. OF counsel for the road.
who had just returned from Washington
where he had had consultation with
President Garrett and Austin Corbin. The
result was that arrangement was made bv
Mr. GWynne for the immediate prepara-
ton OF papers to conSummate sale of q
majority OF the Baltimore & Ohio stock.
Mr.. Garrett's private secretary left Batt
more for New York at 1:32 Yesterday
afternoon and communicated last night
with Mr. Whltridge, the legal representative
III thls city OF the Baltimore IL Ohio inter-
ests. The only hitch in the matter of the
sale, the same speaker said, related TO the
81, 600 shares Of stock which are held bv
the city of Baltimore. The three visitors
from New York yesterday saw Naval
Officer Ralsin. who is said to control the
city council of Baltimore, and all obstacles
were removed. According to this state
ment the papers We're to be signed to-day:
the price at which the stock is taken is ls5
and Mr.. Garrett is said to be the president
OF the new railroad combination.
TALE FROM ST. LOUIS.
ST. Louis, March IA railroad off.
cial, whose connection with the New York
and Boston end of certain trans Mississippi
roads give him most excellent opportunities
to know what is going on behind the cur
tain. said last night that NO one need be
surprised if, when the smoke of the Balti-
more Il Ohio deal cleared away the Atchi-
son, Topeka d Santa Fe, is found to be the
owner. He said it was no secret that the
Atchison used its influence in MIR.
Garrett's favor when the Arthur-KilI
bridge bill was pending, and that
the success of that measure was due largely
to the Atchison's efforts. 1t was asserted
by this gentleman that negotiations have
been pending between the Atchison and
the Baltimore officials for more than six
months, and that the hitch in the deal last
week was wholly due to the Gould party,
who wanted to defeat it because the Mis-
souri, Pacific did not like the idea of its
most powerful and energetic rival control
ling a continuous line of road from ocean
to ocean. The Atchison plan was, it
seems. to secure the Baltimore
& Ohio through the Richmond
Terminal company so that it could perfec
its plans for reaching Staten Island undep
cover, and the uncovering o the scheme
will not defeat the original purpose.
The contractors are pledged to have the
Chicago extension of the Atchison CON-
pleted by May, 1888, and the work on the
ArthurKill bridge will be begun this spring,
and the structure completed before the year
is out. This would leave the link between
Philadelphia and the bridge to cover, which
could be very easily done by the time Chi
cago is reached from the west, when the
A1chison' would have continuous line of
its own between San Francisco aud New
(. 7 ork much shorter than any other trans
continental route.